Statute · United States Code
10 U.S.C. § 3845 — Contractor inventory accounting systems: standards
10 U.S.C. § 3845
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- commercial
(a) The Secretary of Defense shall prescribe in regulations— (1) standards for inventory accounting systems used by contractors under contract with the Department of Defense; and (2) appropriate enforcement requirements with respect to such standards. (b) The regulations prescribed pursuant to subsection (a) shall not apply to a contract that is for an amount not greater than the simplified acquisition threshold. (c) The regulations prescribed pursuant to subsection (a) shall not apply to a contract for the purchase of commercial products.
(a) The Secretary of Defense shall prescribe in regulations— (1) standards for inventory accounting systems used by contractors under contract with the Department of Defense; and (2) appropriate enforcement requirements with respect to such standards. (b) The regulations prescribed pursuant to subsection (a) shall not apply to a contract that is for an amount not greater than the simplified acquisition threshold. (c) The regulations prescribed pursuant to subsection (a) shall not apply to a contract for the purchase of commercial products.